The government has notified sections in the GST Act dealing with mandatory registration of current indirect tax payers in the new regime. <br/><br/>As many as 18 sections relating to registration of current central excise, service tax and VAT payers with the GST-Network (GSTN) as well as transitional provisions were notified. <br/><br/>As a precursor to GST, the Central Board of Excise and Customs has also notified two rules relating to registration and composition levy.<br/> <br/>All the notifications will come into effect from Thursday. GST, which is to be rolled out from first of next month will unify over a dozen central and state levies into one. <br/><br/>Every business carrying out a taxable supply of goods or services with turnover exceeding the threshold limit of 20 lakh rupees will be required to register.
News On AIR | June 21, 2017 7:31 AM
Govt. notifies sections in GST Act